Economic theory predicts a positive relationship between competition and innovation. Competition both forces and enables firms to innovate. On competitive markets firms are forced to innovate to avoid shrinking profit margins. At the same time competition also helps firms to innovate: On competitive markets information is dispersed among decentralized economic agents through price signals, informa

This bachelor thesis is about digital textbooks and how the market views its role and development. Educational publishers and schools are not sure how the market for digital educational materials will develop. The participants on the market are uncertain about how much to invest in production and purchasing. In order to create a description of the situation that is up to date, representatives from

Recent increase in the international remittance transfers from developed to developing countries has caught great attention among academic scholars and policymakers. This paper investigates the potential impact of these workers’ remittances on the long-term economic growth of recipient countries. The results of the empirical regression analysis indicate that remittances have positive effect on the

What are the effects of regional specialization, industrial diversity, and local competition on industrial growth? Utilizing a novel dataset on the Swedish manufacturing industry, 1896-1910, an OLS model is estimated that captures the relationship between dynamic agglomeration externalities, i.e. knowledge spillovers, and employment growth in industries located in cities. The main results are that

In this thesis I have investigated drivers of European Equity Long/Short hedge funds by analyzing the risk and return of individual Equity Long/Short hedge funds in different market environments. The results show that there are few macroeconomic drivers that can consistently explain the risk and return of individual European Equity Long/Short hedge funds. Running multifactor regression models on e

This research will attempt to reveal some major fault lines of the Basel III Capital Accords concerning Banking Regulation. It will consider some shortcomings of the previous rounds and scrutinise Basel III’s attempts to address the same issues. I have provided some idealised recommendations from various authors based upon previous problems and attempt to analyse where Basel III falls short agains

Denna uppsats avser att undersöka ifall det existerar en småbolagseffekt på Stockholmsbörsen under åren 2005-2010. Uppsatsen går ut på att undersöka ifall aktiebolagen som är noterade på Large Cap och Small Cap ger avkastningar som skiljer sig gentemot bolagens avkastning enligt CAPM och ifall denna effekt är större för småbolag än stora bolag. För att genomföra denna studie har aktiebolagen efte

This paper uses standard event study techniques to examine whether the release of the results of the 2010 European bank stress test was informative to the financial markets by reducing the opacity that is inherent in banking stocks. The same methodology is applied to two events of the 2011 EU stress tests: the release of the methodology employed and the clarification by the European Banking Author

This study analyzes how Danish policies aiming at active labour market participation aggravate the social exclusion of non-western immigrants. The study points out the necessity of investigating the success of active labour market policies not only through focusing on reduction in the number of unemployed immigrants, but also whether they alleviate social exclusion as claimed by Danish authorities

Global Civil Society (GCS) Theory maintains that nationalism will gradually decline as processes of globalization increase. However, the recent rise of popular nationalism in China is one counterexample to GCS theory. By using case study and narrative analysis on researching recent popular nationalist movements in China, we find that it is the “victim-superpower” identity among Chinese people that

Denna uppsats behandlar de faktorer som påverkat den ekonomiska utvecklingen på den arabiska halvön. Ingen betvivlar att oljereserverna har spelat en viktig roll för att skapa välstånd i regionen. Men frågan är om olja ensamt kan förklara utvecklingen. Denna uppsats undersöker andra potentiella tillväxt- eller bromsfaktorer. Sju länder räknas till den arabiska halvön: Saudiarabien, Jemen, Oman, Fö

This thesis provides a study of the coastal state jurisdiction over the continental shelf. The study is limited to exploration and exploitation of subsoil petroleum deposits as well as the activities affiliated with this. There is a problem of overlapping, or conflicting jurisdictional competence, in situations where the law of the flag state applies in regard to the vessels involved in the petrol

Abstract This study was carried out in Cote d’Ivoire on female ex-combatants and members of organisations working with reintegrating former combatants. The study revolves more on war and reintegration of female ex-combatants. The main objective of the study is to document the presence, roles (combat roles), and treatment of women within war and reintegration. This is done for the fact that, women

Denna uppsats följer upp en indikation om att programledare – de som är närmast ansvariga för utbildningsprogrammen på Lunds Tekniska Högskola (LTH) – upplever sig ha ett dåligt inflytande över sin arbetssituation och sitt utvecklingsarbete eftersom de har ett ansvar men inte någon befogenhet att ta beslut över sitt ansvarsområde. Syftet med denna uppsats är att undersöka hur kommunikationskanaler

Psykoterapi är en dokumenterat effektiv behandling mot många olika psykiska åkommor. Under många år har forskningen kring psykoterapi varit inriktad på att undersöka olika terapimetoders efficacy och i dessa studier kontrollerar man ofta för de faktorer som kan ha med terapeuten som person att göra. På senare år har intresset för icke metodspecifika faktorer ökat däribland också intresset för på v

Detta experiment undersökte om ett systematiskt tillvägagångssätt i en urvalsprocess ökar möjligheterna att välja ut de mest lämpade kandidaterna, och om det minskar risken för diskriminering på faktorerna attraktion och kön. Deltagarna (64 studenter) gjorde en fingerad rekrytering till två olika jobb: säljchef och möbelsäljare. Grad av systematik manipulerades genom att testgruppen fick tillgång

Title: Returns on Assets and Returns on Stocks: Based on Swedish Market. Authors:Tatiana Studyanikova and Eirini Sarantopoulou. Advisor:Hossein Asgharian. Key Words: Returns on assets (ROA), returns on stocks (ROS), variation, principal component analysis, firm-specific level. Purpose: Examine whether common factors of returns on stocks and returns on assets explain most of the variation in return

This study shows how a group of women with infertility issues find friendship, emotional support, and information using the anonymous environment of one virtual community. Through interviews with 11 women and an analysis of online journals and forum postings, the case study looks at how women use the anonymous and non- temporal nature of the Internet to be empathetic and supportive, and further ex

När den Europeiska ekonomiska gemenskapen bildades genom Romfördraget fanns inga uttryckliga hänvisningar till skyddet för de grundläggande rättigheterna. Den här uppsatsen beskriver framväxten av regelverket för de grundläggande rättigheter som har utvecklats av EU:s rättsväsende och lagstiftare i nära samarbete med medlemsstaterna och Europarådet. Målet med denna framställning är att presentera The Treaty of Rome which established the European Economic Community contained no explicit references to the protection of fundamental rights. This thesis describes the emergence of an EU acquis covering the field of fundamental rights developed by the EU judiciary and legislators in close cooperation with the Member States and the Council of Europe. The objective of this essay is to present the a

The purpose of our paper is to examine the relationship and interactions between oil price movements and stock market indexes in main two oil exporting countries - Russia and Norway from January 1998 to March 2011, and test how and to what extent oil prices together with other variables influence stock markets. Apart from crude oil price, we also include to our model some macroeconomic explanatory